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Undisclosed Investor Bought $200 Million NYDIG's New Digital Asset Fund

Mary Liu

Summary: NYDIG Digital Assets Fund III is the third digital asset fund of New York Digital Investment Group (NYDIG), as reported by Trustnodes. The file sent to SEC stated that the fund had sold $200 million to an undisclosed investor on February 1, 2021. It is not clear whether the investor is the Marathon Patent Group, ...

NYDIG Digital Assets Fund III is the third digital asset fund of New York Digital Investment Group (NYDIG), as reported by Trustnodes.

The file sent to SEC stated that the fund had sold $200 million to an undisclosed investor on February 1, 2021.

It is not clear whether the investor is the Marathon Patent Group, which announced on January 25 that it bought 4,812.66 BTC through NYDIG for a total price of $150 million.

Another insurance giant Mass Mutual has also purchased $100 million worth of Bitcoin via NYDIG last December.

By Mary Liu

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Link: Undisclosed Investor Bought $200 Million NYDIG's New Digital Asset Fund   [Copy]
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